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294 Commercial Street, 
Provincetown, MA 02657

$3,575,000


10

Beds


7

Baths


5,443

Sq Ft


Multi-Family

Active

Listed by

Joel J Harms

William Raveis Real Estate & Home Services

508-487-4005

Last updated:

August 20, 2025, 09:40 PM

MLS#

22405711

Source:

CAPECOD

About This Home

294 Commercial Street

Make Provincetown Your OWN with these two mixed use buildings featuring a combined 10 bedrooms and 6 baths, and a prime commercial space with a half bath in the heart of Provincetown's downtown commercial district! First time on the market in over 50 years. Building one consists of ground floor retail space (approx. 1500sf) that has housed Coconuts Sunglasses for over 36 years, the second floor is a newly renovated approx. 1288sf 3BR/1BA (#5), separate coin operated laundry room for all of the apartments, and the top floor is an approx. 870sf 2BR/1BA (#6) and features a large sun deck. Building two consists of an approx. 240sf studio (#3), two approx. 372sf and 520sf 1BR/1BAs (#1 and #4), an approx. 605sf 2BR/1BA (#2), and a two car garage. Property being sold AS IS. Generates gross rental income of over $300,000+ across all units with mostly short term rentals. Cap rate of 5.5%. Many new plumbing/heating and cooling updates and improvements including new roof for front building. Furnishings negotiable. Sewer betterment paid in full.

Home Facts

Multi-Family

7 Baths

10 Bedrooms

Built in 1880

Price Summary

3,575,000

$656 per Sq. Ft.

MLS #:

22405711

Last Updated:

August 20, 2025, 09:40 PM

Added:

10 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

10

Bathrooms

Total Bathrooms:

7

Full Bathrooms:

6

Interior

Living Area:

5,443 Sq. Ft.


Structure

Structure

Architectural Style:

Antique

Building Area:

5,443 Sq. Ft.

Year Built:

1880


Lot

Lot Size (Sq. Ft):

3,484


Finances & Disclosures

Finances

Price:

$3,575,000

Price per Sq. Ft:

$656 per Sq. Ft.

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Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. Detailed information about real estate listings held by brokerage firms other than Coldwell Banker Realty include the name of the listing broker. Neither the listing company nor Coldwell Banker Murray Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025 Cape Cod & Islands Multiple Listing Service, Inc. All rights reserved.

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